(1/2) My new blog out today with Maurice Obstfeld.
We discuss why so-called "optimal tariffs" are far from optimal.
In part 1 today, we show problems with the textbook argument, and note that other tax instruments are superior for the underlying aims.
(2)/2 I'll post a thread on my paper soon. Revenue from the corporate tax can improve tax fairness, efficiency, and alignment with reforms abroad.
This can counter distortions in favor of foreign activity. In contrast, tariffs create new distortions.
https://t.co/Yufasz7s3h
The president is scared of your power, and he wants you to believe your vote does not matter.
He wants you to lose confidence in our electoral system so you stay home this November. He knows how discontent the American people are, and he wants to make sure that you do not vote.
Because if the people vote in their numbers, Republicans will lose.
🧵(1/12) On Tuesday, @hamiltonproj released my proposal on reforming US international tax. I suggest raising corporate rates for the biggest profit taxpayers, and strengthening US international tax rules to better align with the large potential of international efforts.
NOW THAT I, GAVIN C. NEWSOM, AM OFFICIALLY PRESIDENT OF THE UNITED STATES (THANK YOU DONALD!), I HAVE MANY BIG ANNOUNCEMENTS TO MAKE! FIRST, EVERY TRUMP EXECUTIVE ORDER IS NULL AND VOID, STEPHEN MILLER AND EVERY TRUMP GOON IS FIRED, AND THE TRUMP CORRUPTION PROBE IS OFFICIALLY LAUNCHED! HEALTH CARE IS NOW FREE FOR ALL AMERICANS (NO MEASLES!) AND ALL MOMS GET FREE CHILDCARE SO WE CAN HAVE MORE BABIES!!! ALSO CANNABIS IS NOW LEGAL AND ABORTION IS BACK FOR WOMEN WHO WANT IT. I WILL SOON BE BANNING ALL TICKETMASTER FEES AND THERE WILL BE NO MORE COMMERCIALS ALLOWED DURING NBA AND NFL GAMES, AS WELL AS ALL BRAVO “REAL HOUSEWIVES” SHOWS (LONGER EPISODES!). EVERY AMERICAN FAMILY NOW GETS A “TARIFF AND GAS SPIKE REFUND” TO BUY A CHEAP ELECTRIC CAR! THE COUNTRY IS NOW RUN BY SOMEONE WHO CAN ACTUALLY COMPLETE A SENTENCE. AMERICA IS NOW “HOT” BECAUSE YOU HAVE A DYSLEXIC PRESIDENT INSTEAD OF A BRAIN-DEAD ONE. BIG UPGRADE!!! — GOVERNOR GCN
@realswtheory its a valid preference to not want to see sa in star wars, people who say otherwise are stupid, the problem is your reasoning for it isn’t just that it’s your preference, you’re trying to say the empire or vader wouldn’t allow it when we know this obviously never stops rape
@PapaSzprej@cindytexas23@SenSanders no, I said human rights weren't made to make you immune to consequences of your actions, however they should be granted to everyone. the reason why you forgo article 13 with criminals is because they must be in restrained to prevent crime, how does that apply to healthcare?
@PapaSzprej@cindytexas23@SenSanders wouldnt a victim killing you after attacking them be a consequence of your actions? i don't think it's you being denied a human right. same with article 13, right to movement isn't unlimited, human rights are meant to prevent being treated unfair, not to be immune to consequences
conservatives randomly pushing for homeschooling recently is the most obvious form of indoctrination today, they know you are more likely to vote republican the less educated you are
@KenobiStig this still does not prove he ripped off a character, using the same voice actress means nothing. the same voice actor plays each of the clones, are they all ripoffs? also are you admitting that colored hair is the only reason you think the character is a ripoff lmao
@HaroldPerrineau is it the first time you’re seeing all of the easter eggs and foreshadowing from season 1 for the reveals that happened in the season 3 finale?
If Joe Biden can kick out members of the military for not getting the vaccine, Donald Trump is well within his right to kick out transgenders from the military.
Plain and simple.